OraSure Technologies Inc (OSUR) Q4 2018 Earnings Conference Call Transcript
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OraSure Technologies Inc (NASDAQ: OSUR)
Q4 2018 Earnings Conference Call
Feb. 06, 2019, 5:00 p.m. ET

Contents:

  • Prepared Remarks

  • Questions and Answers

  • Call Participants

Prepared Remarks:

Operator

Good afternoon, everyone, and welcome to the OraSure Technologies 2018 Fourth Quarter Financial Results Conference Call and Simultaneous Webcast. As a reminder, today's conference is being recorded. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer period. (Operator Instructions)

OraSure Technologies issued a press release at approximately 4:00 PM Eastern Time today regarding its 2018 fourth quarter financial results and certain other matters. The press release is available on our website at www.orasure.com or by dialing 610-882-1820. If you go to our website, the press release can be found by opening the Investor Relations page and clicking on the link for press releases.

With us today are Dr. Stephen Tang, President and Chief Executive Officer; and Mr. Roberto Cuca, Chief Financial Officer. Dr. Tang and Mr. Cuca will begin with opening statements which will be followed with a question-and-answer session.

Before I turn the call over to Dr. Tang, you should note that this call may contain certain forward-looking statements, including statements with respect to revenues, expenses, profitability, earnings or loss per share and other financial performance, product development performance, shipments and markets, business plans, regulatory filings and approvals, expectations and strategies. Actual results could be significantly different. Factors that could affect results are discussed more fully in the Company's SEC filings including its registration statements, its annual report on form 10-K for the year ending December 31, 2017, its quarterly reports on Form 10-Q and its other SEC filings. Although forward-looking statements help to provide complete information about future prospects, listeners should keep in mind that forward-looking statements are based solely on information available to management as of today. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after this call.

And with that, I would like to turn this call over to Dr. Stephen Tang.

Stephen S. Tang -- President and Chief Executive Officer

Thank you, Jeanne. Good afternoon, everyone, and welcome to our call. I'm delighted to report that 2018 was a financially successful and strategically important year for OraSure. We posted solid year-over-year organic revenue growth after coming off a record performance in 2017. We successfully managed the transition of senior management and completed an extensive and thorough review of our corporate strategy. The Company wasted no time implementing that strategy as evidenced by the two acquisitions we announced a few weeks ago. OraSure is well positioned to compete in multiple markets with large growth opportunities and we are highly optimistic about our future prospects.